Enbridge (ENB) Operating Income (2016 - 2026)
Enbridge (ENB) reported Operating Income of $2.4 billion for Q1 2026, down 8.1% year-over-year from $2.6 billion in Q1 2025, and up 20.3% quarter-over-quarter from $2.0 billion in Q4 2025.
Enbridge (ENB) Operating Income (2016 - 2026) Analysis & Trends
Enbridge (ENB) has 11 years of Operating Income data on file, last reported at $2.4 billion in Q1 2026.
- Operating Income for Q1 2026 came in at $2.4 billion, down 8.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.6 billion (changed 0.13% YoY), and the FY2025 annual result was $1.1 billion, down 85.05% from the prior year.
- Operating Income rose to $2.4 billion in Q1 2026 per ENB's latest filing, from $2.0 billion in the prior quarter.
- Over five years, Operating Income peaked at $2.6 billion in Q1 2025 and troughed at -$397.8 million in Q4 2022.
- A 5-year average of $1.6 billion and a median of $1.7 billion in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2023: Operating Income plunged 124.43% in 2022, then soared 440.66% in 2023.
- A 5-year view of Operating Income shows it stood at -$397.8 million in 2022, then soared by 440.66% to $1.4 billion in 2023, then advanced by 29.25% to $1.8 billion in 2024, then grew by 11.59% to $2.0 billion in 2025, then climbed by 20.3% to $2.4 billion in 2026.
- Business Quant data shows ENB's Operating Income at $2.4 billion in Q1 2026, $2.0 billion in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.90 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.44 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 219.52 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 846.90 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.03 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | -3.49 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.35 Bn |
| Dec 31, 2025 | 1.95 Bn |
| Sep 30, 2025 | 1.65 Bn |
| Jun 30, 2025 | 1.65 Bn |
| Mar 31, 2025 | 2.56 Bn |
| Dec 31, 2024 | 1.75 Bn |
| Sep 30, 2024 | 1.63 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 2.01 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.75 Bn |
| Mar 31, 2023 | 1.97 Bn |
| Dec 31, 2022 | -397.82 Mn |
| Sep 30, 2022 | 1.36 Bn |
| Jun 30, 2022 | 1.19 Bn |
| Mar 31, 2022 | 1.91 Bn |
| Dec 31, 2021 | 1.63 Bn |
| Sep 30, 2021 | 1.10 Bn |
| Jun 30, 2021 | 1.48 Bn |